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Search Results 0 to 22 of about 23 (some duplicates have been removed)
Oct 6, 2012 12:00am PDT
." and diane swonk, chief economist at mesirow financial. diane, start with you, was this big drop in the unemployment number a surprise or what's going on? >> well, certainly it was a surprise. we can see allots of volatility in this number from a month-to-month basis. we saw the big increase in employment. we saw big decrease in unemployment. but over time both this report and the other reports that's the payroll survey tend to converge. and i think that's important to remember. it's also important to remember that in general a 2/10 movement or 3/10 movement in unemployment rate actually isn't statistically significant. i know it makes the headlines but 7.8% is not all that different from 8% or 7.6% on a statistical basis. so i think that's also important to remember in this day, it is highly volatile with a wide range on what is really significant. >> brown: of course it makes for a big headline in a political campaign but before we head to the politics fill in a little bit more about these two surveys because it is very con sues-- confusing, the household and business survey. >
Oct 29, 2012 4:00am PDT
diane swonk says "the decline in business investment represents a particular blow as it not only reflects weakness abroad, but also the uncertainty about our own policies. the fiscal cliff needs to be dealt with by whovever wins in a credible and bipartisan way, and asap." with just about one week to go before the election, the candidates will be in wisconsin this week. today, republican mitt romney's campaign has an event in milwaukee. tomorrow, president obama will be in green bay. the volitility index, better known as the vix, may be signaling better days ahead. according to reports, a strategist at jpm morgan believes if the vix remains near current levels this week, it will mark a transition from crisis to normal time. his theory is if the vix stays around 16, the 52-week moving average will fall below the july 2011 level to its lowest point since february 2008. we asked a couple of options traders to weigh in, starting with scott bauer of trading advantage. "yes, i do believe that if we get through the crisis of these horrendous earnings we've been seeing over the past coup
Oct 23, 2012 4:30pm PDT
, diane swonk. >> tom: still ahead, as the housing market finds stable ground, other companies are piggy-backing on the home recovery. apple officially unveiled it's newest ipad today, the mini, and it's here just in time for the holidays. the device takes direct aim at other small tablets from amazon and google already on the market. as ruben ramirez reports, the ipad mini may have been what everyone was looking for, but the announcement of a next generation ipad is what caught fans and investors by surprise. ♪ ♪ >> reporter: with a simple tune, apple launched ipad's new sibling, the ipad mini. at nearly eight inches, with a ten-hour battery life, it sets apple up to go head-to-head with the likes of google's nexus seven, the kindle fire hd, and the galaxy note, which goes on sale tomorrow. >> the tablet market is very price sensitive, and anytime you cut the price, you open up a whole new audience of users by releasing the mini and having that $329 price point, that's going to give them a lot more penetration into the market. >> reporter: in a move that's new for apple,t ghlighted
Oct 24, 2012 4:30pm PDT
on that fed decision, diane swonk joins us, she's chief economist at mesirow financial. so, the fed is sticking to its plan, no real surprises today. did anything stand out for you? >> you know, there really wasn't much that stood out. i think that was important. the real issue here is that the fed is still continuing to be sort of a certnty in this ocan of uncertainty for both consumers and investors alike, saying we're willing to leave that punch bowl out that a little longer than anybody thought and maybe get some people tipsy. >> there wasn't much market reaction to the fed decision. do you think the message of the markets is there is really not much more that the fed can do to fix the economy? >> i don't think the fed is out of bullets at all, nor do they. they think every time they do something, they need to do more. and the federal reserve is certainly going to make another announcement in december to compensate for the end of what they call the twist. chubby checker's song, "the twist." they're going to continue to buy more treasury bonds and extend their balance sheet furth
Oct 5, 2012 11:00am PDT
and forecaster diane swonk, here to help us sort through all the numbers. diane, welcome. you are a chief economist for mesero financial. 7.8%. is this a turning point? >> it won't be a turning point until it has gone on for several months. unfortunately his numbers are extremely volatile and on a statistical basis, it is not different than 7.6%. it can go either way here. >> now we're under the 8%, it is like -- >> there is a threshold, it is a threshold, yeah. the most important issue is you can't fool the american public. at the end of the day, they know what is going on. the labor market, we have grown, still growing, but growing unevenly and not growing robustly. we know that. i think part of the reason we have seen a comeback, though it is back to the levels we saw last spring, still consistent with recession, not recovery, but better than it was, it is because housing prices have gone up. and that really matters to more american households than anything else, along with jobs. so the jobs picture is still very mixed, very uneven. the payroll data could be revised up, the last two mo
Oct 23, 2012 10:00pm EDT
policymakers wrap up a two-day meeting. economist diane swonk joins us to discuss the outcome. for more financial news, tune in to nbr weeknights on this public television stat
Search Results 0 to 22 of about 23 (some duplicates have been removed)